Trick Question: If a tax on tobacco is supposed to discourage tobacco consumption, what is a tax on earnings supposed to do? I propose eliminating the federal income tax and replacing it with a national retail sales tax. This would keep the government more accountable because the people will control the revenue flow, not the IRS. My plan is this:
- Abolish the IRS. It gives far too much power to the executive branch and forgoes congressional action, therefore going against the checks and balances system that the our founding fathers envisioned. The power to collect taxes should belong to the department of the treasury, which would allow for more congressional oversight.
- Repeal the Income Tax and replace it with a retail sales tax. I propose a retail sales tax at 23%, and a 13% retail sales tax on essential services such as housing. I would allow a $450 food allowance pre retail sales tax for those making $18,000 a year or less.